Hutt housing market booming
Lower Hutt is undergoing a housing boom, with demand outstripping supply.
On Monday, a 11 unit townhouse development was purchased off the plans within 24 hours.
Developer Blair Chappell said he could have sold another 100, such was the demand.
Real Estate Institute New Zealand figures show Lower Hutt was one fastest rising house prices in the country in the past year. In August, the median house price hit a record $670,000, rising 22.5 per cent over 12 months to the end of August. This outstripped the capital, Auckland and other regions with fast rising house prices, such as Southland and Hawke’s Bay.
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Speed limits around NaeNae
Hi Neighbors, Just a heads up, I have just received a $170 fine for driving at 50km on Rata Street Naenae on a SUNDAY Morning. I wrote to NZTA pointing out and sending in a photo of sign stating that it was 30km on school days between those hours, but they said that the whole of Rata Street and some surrounding streets are 30km 24/7 and have been for over a year. Did I miss this been advised by council? Always good to be informed. Merry Christmas to all
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